PYMNTS-MonitorEdge-May-2024

Rethinking Retail Amid Crime Spree, MetaBirkin NFTs Gain Popularity, Purchase Pace Picks Up

Retail Crime

An IP-stealing artist finds his work pirated with MetaBirkin NFTs. Plus, consumers are making more frequent online purchases, and retailers are using everything from bulletproof glass to more online-focused selling to combat the growing crime spree.

Data:

92%: Share of U.S. consumers who have completed an online transaction.

88%: Share of U.S. consumers who have made daily, weekly or monthly in-store purchases.

21: Number of retail CEOs who recently asked for Congressional assistance with theft.

$13K-$400K: Price range for many MetaBirkin NFTs.

52%: Portion of consumers who choose the order online and deliver-to-home option

PYMNTS-MonitorEdge-May-2024